1st Home owners grant!!!!
#1
Forum Regular
Thread Starter
Joined: Dec 2009
Posts: 65
1st Home owners grant!!!!
We became dual citizenship in jan 2009 but we left perth in dec 2009 due to family problems in the uk. We're planning on moving back to australia in 3 yrs time but to melbourne. While we were in perth we built our own house and recieved the 1st home owners grant, but when we left we sold the property. Now when we move back over but to melbourne could we again go for 1st Home owners grant because we will be living in a different state this time around?
Cheers if anybody can answer this for us.
Cheers if anybody can answer this for us.
#2
221b Baker Street
Joined: Jun 2010
Location: Miles from anywhere, Victoria, Australia.
Posts: 14,125
Re: 1st Home owners grant!!!!
I wish you all the best with that one, I really do. Sadly, I don't know the answer.
#3
Re: 1st Home owners grant!!!!
No you cannot get the grant twice and you cannot get the grant if you have owned property in Australia since it was first introduced.
http://www.sro.vic.gov.au/sro/SROnav...2575A1004420DC
http://www.sro.vic.gov.au/sro/SROnav...2575A1004420DC
#4
Forum Regular
Thread Starter
Joined: Dec 2009
Posts: 65
Re: 1st Home owners grant!!!!
Ah cheers for that, just wasn't too sure thats all.
#5
BE Enthusiast
Joined: Oct 2008
Location: Sydney
Posts: 992
Re: 1st Home owners grant!!!!
Really the answer was in the Question.... 1st Home owners.
#6
Forum Regular
Thread Starter
Joined: Dec 2009
Posts: 65
Re: 1st Home owners grant!!!!
I just presumed that each state had their own rules. Like i had a driving licence in melbourne but when moved to perth i had to change it over. It started from scratch again. My husband had a couple of points on his licence but when he moved they were wiped off. New state different laws, just thought this may be the same for the grant.
#7
BE Enthusiast
Joined: Jun 2008
Posts: 730
Re: 1st Home owners grant!!!!
how much are these grants worth now if we build or buy??
#8
Just Joined
Joined: Jul 2010
Location: Nollamara/Yokine
Posts: 3
Re: 1st Home owners grant!!!!
As the name suggests, it's only available to first time buyers. I think it's about $7000 now.
#9
BE Enthusiast
Joined: Jun 2008
Posts: 730
Re: 1st Home owners grant!!!!
NSW also launched a Home Builders Bonus now, no stamp duty on land purchase if you commence build in first 26 weeks after buying! I'll be looking at that!
http://www.osr.nsw.gov.au/benefits/nbb/
http://www.osr.nsw.gov.au/benefits/nbb/
#10
Victorian Evangelist
Joined: Sep 2005
Location: Melbourne, by the beach, living the dream.
Posts: 7,704
Re: 1st Home owners grant!!!!
Yes but you can get it if you have owned property overseas.
We got $26000 from this, I didn't really feel we deserved it but I've paid so many taxes in my life that I didn't think I should have so I trousered it anyway.
BB
We got $26000 from this, I didn't really feel we deserved it but I've paid so many taxes in my life that I didn't think I should have so I trousered it anyway.
BB
Last edited by Buzzy--Bee; Jul 12th 2010 at 1:26 am.
#11
Re: 1st Home owners grant!!!!
I just presumed that each state had their own rules. Like i had a driving licence in melbourne but when moved to perth i had to change it over. It started from scratch again. My husband had a couple of points on his licence but when he moved they were wiped off. New state different laws, just thought this may be the same for the grant.
The First Home Owners Grant (FHOG) is a federal government initiative and was brought int o offset some of the implications of the [then] new GST.
As far as I am aware, you qualify if you have not had an interest in another property in Australia before.
The states may complement the FHOG with their own schemes, such as reduced stamp duty etc. The rules for these may differ from state to state e.g. the stamp duty exemption in NSW still applies if you have had an interest in a property overseas, yet in QLD previous interest in a property anywhere will defeat eligibility.
Check out the various websites for the state you are in for more details.
S